Both supporters and critics are weighing in on the “adverse market fee” or "market condition credit fee" introduced by the GSEs last week, under the authorization of the FHFA.
Read More »Preparing for the End of Forbearance
Editor's note: This piece originally appeared in the August 2020 edition of DS News, now available. It’s not too late for mortgage servicers to prepare for the next pandemic-driven event—a likely rise in loan modifications and loss mitigation requests. Charles ...
Read More »Will Recent Executive Order on Evictions Protect Homeowners?
President Donald Trump on Saturday signed an executive order he said would protect Americans from eviction, along with other items. While some housing experts and advocates are grateful for the effort, others say the White House could do more. President ...
Read More »FHFA Updates Timeline for Purchase of Qualified Loans in Forbearance
The Agency provided new guidance for its Borrower Protection Program, announcing an extension for the purchase of qualified loans in forbearance
Read More »CRT Securities Investors Face Potential Losses
A new report says some within the industry are calling for FHFA to shield them from losses they will incur due to mortgage forbearances amid the pandemic.
Read More »FHFA Proposes Housing Goals for Fannie Mae, Freddie Mac
The Agency said the benchmarks are unchanged from 2018-2020 due to economic uncertainty related to COVID-19.
Read More »GSEs Completed 16,000 Foreclosure Prevention Actions in April
The FHFA announced that the 30-59 day and serious delinquency rate saw increases.
Read More »Mark Calabria Applauds Decision to Review Secondary Mortgage Market
The Director of the Federal Housing Finance Agency said Fannie Mae and Freddie Mac must be well-capitalized to support the market during a stressed environment.
Read More »FHA, FHFA Announce Extended Assistance for Homeowners
The Federal Housing Finance Agency (FHFA) announced that the GSEs—Fannie Mae and Freddie Mac—will extend several loan origination flexibilities until August 31. These flexibilities were set to expire on July 31, 2020. Extended flexibilities include: Alternative appraisals on purchase and ...
Read More »Foreclosures Down for Fannie Mae, Freddie Mac
Foreclosure starts and sales were down at the start of the year for loans backed by the GSEs.
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